2024 DOP to MYR Historical Review

YEARLY HIGH

0.0820 MYR

YEARLY LOW

0.0683 MYR

YEARLY AVERAGE

0.0770 MYR

2024 DOP to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0820. Conversely, the yearly low was recorded on September 28, dropping to 0.0683.

This high-to-low spread represents a total annual volatility of 0.0137 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0799 to the December average rate of 0.0735, the exchange rate registered a net change of -8.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0820 was down 3.95% compared to the 2023 peak of 0.0854, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DOP based on timing:

Yearly Peak High 410 MYR

2023 Average 407 MYR

Yearly Trough Low 341 MYR

Transaction Impact: A difference of 68.66 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0822

0.0700

JanuMarcMayJulySeptNove

DOP to MYR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0803, compared to 0.0737 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.0803

H2 Avg (Jul–Dec) 0.0737

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0049 MYR (High: 0.0732 / Low: 0.0683). On the other end, December was the most stable month, with a tight range of 0.0014 MYR (High: 0.0743 / Low: 0.0729).

September Spread (Volatile) ±0.0049

December Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0051 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0807) against the same month in 2023 (average: 0.0828), the exchange rate shifted by -0.0022 (-2.62%).

2024 Avg (May) 0.0807

2023 Avg (May) 0.0828

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0805	0.0790	0.0799
February	0.0818	0.0800	0.0812
March	0.0810	0.0792	0.0800
April	0.0815	0.0798	0.0807
May	0.0820	0.0795	0.0807
June	0.0800	0.0786	0.0795
July	0.0799	0.0774	0.0791
August	0.0769	0.0722	0.0741
September	0.0732	0.0683	0.0710
October	0.0726	0.0689	0.0712
November	0.0744	0.0718	0.0735
December	0.0743	0.0729	0.0735